$400,000
●
House -
Off Market
940 Legacy Ridge
ALGONQUIN, IL 60102
4 Beds
4 Baths,
1
Half Bath
2,939 Ft²
$654,399
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Looking for all new mechanicals and move in ready with luxury
finishes? Look no further! Move in and enjoy. Over 4400 sf of
executive living space starts with new furnace , new air
conditioner, new patio slider door(August 2016), just about
everything is new. All floors on the main level have been
replaced with 5" wide hand scraped hardwood flooring and brand new
carpet upstairs and in basement.Entertaining is a breeze in the
well thought out chefs kitchen with granite, stainless steel
appliances and a spacious center island that includes seating and a
beverage fridge. Just off the kitchen is a newly constructed deck
and pergola. Be prepared as you ascend the stairs and look to the
master suite, you will swoon when you see the closet that has only
been in your dreams. Fresh paint in stylish move in colors. Open
staircase to full finished basement with an additional full bath
and still plenty of storage. Please see detail sheet in ADDITIONAL
INFORMATION.
Unit Size
2,939 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$138
Property Type
House
Property Taxes
$710
HOA Dues
$15
Year Built
2002
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (MRED MLS #09504996)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2023 | Sold | ||
| Sold | |||
| Jul 10, 2023 | Listed by Cove Realty Inc | $659,999 | |
| Listed by Cove Realty Inc | |||
| | |||
|
The home is absolutely gorgeous! It's a spacious 3000sq ft home, on a 1/2 acre lot with a stunning pool that's perfect for a refreshing dip on hot summer days. The pool is surrounded by lush greenery, making it the perfect spot to relax and soak up the sun. This beautiful large pool is also surrounded by colored stamped concrete. And for cold nights there is a beautiful outdoor fire pit. The house itself is beautifully designed with plenty of natural light from all brand new windows that were replaced in 2019. The finished basement is the icing on the cake! It's the perfect space to entertain guests, with plenty of space for a cozy living room area. There's plenty of room for everyone to spread out and have fun, making it the perfect spot for family movie nights or hosting friends for a game night. It's the ultimate hangout spot! A whirlpool tub is also included in the basement bathroom. And to top it all off, the house has just been freshly painted! The crisp, clean walls and beautiful colors make the home feel brand new and ready for you to move right in. It's truly a stunning home that's perfect for anyone looking for a luxurious and comfortable lifestyle. I almost forgot to mention the renovated kitchen! It's the centerpiece of the home, with top-of-the-line appliances, stunning countertops, and plenty of storage space. The island contains a microwave and mini bar refrigerator. It's perfect for cooking up a delicious meal for friends and family, or just enjoying a quiet night in. The kitchen is truly the heart of the home and the perfect place to gather and make memories. Of course! The large master bedroom is the ultimate retreat, with plenty of space to relax and unwind. The large walk in closet will be sure to catch your attention. Not to mention the gorgeous views you get from the window, making it the perfect spot to start your day. The master bathroom is equally impressive, with a large soaking tub, a spacious shower, and beautiful finishes throughout. It's the perfect place to pamper yourself after a long day. It's truly a dream home!
| |||
| May 16, 2017 | Sold | ||
| Sold | |||
| Feb 15, 2017 | Listed by Baird & Warner | $405,000 | |
| Listed by Baird & Warner | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Listed On
Listed On
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Sold On
Sold On
HOA + Taxes
About Cove
Similar Homes for Sale
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Listed by: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09504996
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: MRED, MLS# 09504996
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